If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t picture a mobile app that ...
Payday loans have been around since the early 1900s. Car title loans can have interest rates up to 300%, California AG and others try to crack down on "rent-a-bank" loans. Financial watchdog groups ...
What McClain, an IT professional making about $40,000 at the time, didn’t know — and what cash-advance apps may not advertise — is that she had the right to revoke an app's ...
If worrying about how to pay off debt keeps you awake some nights, late-night television abounds with alleged solutions. Some ads even promise to get rid of your debt for “pennies on the dollar.” Fall ...
Lenders aren't there to help you out in a pinch. Payday loans increase your debt, so a small emergency becomes a lifelong burden that exploits your poverty.
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NerdWallet) – If asked to picture a payday ...